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with barbra streisand took place before the shooting in newtown. miss streisand offered her condolences to the victims. "a horrible tragedy in newtown, connecticut, has brought to the forefront a long overdue national conversation with regard to gun control and mental health services in our country. i hope the story of sandy hook elementary finally catalyzes the nation and our leaders to do something substantive regarding gun control and access to mental health care services to those who desperately need it." we'll be right back. ally bank. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can eve
thinking -- would newtown be one of them? >> newtown would certainly be one of them. i think we're going to -- many people are calling this rock bottom. it's making us really take a look at if our laws really are preserving our freedoms or taking away our freedoms, our freedom to be safe on the streets. and so that's the way people are starting to challenge the ideology. but look at penn state and the tragedy and the conviction of jerry sandusky. i think already people are understanding how sexual abuse in children can be very, very damaging and they're taking greater lengths to protect children. also, all the various uprisings in the middle east from egypt to the tragedy still going on in syria, i think we're at a new place in the middle east where we have a younger generation that's using a new tool in the environment, technology -- during egypt's uprising, for instance, i was getting tweets and facebook posts from people. so i can imagine you being a cnn employee, trying to get to the american media to spread the word. so i think that the path we're on now, while it's still bloody and
in history. a gunman walked into the sandy hook elementary school in newtown, connecticut and opened fire. >> he came late in my life but jesse was my best friend and my buddy, too. my little boy said something the night before to me and he said, dad, this is going to be the best christmas ever. and he was going on about it and i said, jesse, you know, it's -- you know, we'll make it the best we can and i don't have much family so it's kind of a quiet time for me and he made christmas happy for me and joyful and he made it what it was and i said to him, jess, we'll make it the best we can. and the next day this tragedy happened that occurred and i thought to myself, boy, was he wrong about that. >> the ar-15, as we've now seen from the last three mass shootings in america, aurora, oregon and now the sandy hook school is the preferred choice of weapon for disturbed young men who want to commit atrocities. the president of the united states has indicated he wants to ban assault weapons like this. what is your view? >> i think we need to ban gun laws that ban people from protecting themselve
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